Telstra (ASX:TLS) Chairman John Mullen Defends Executive Pay, Sprays Kids Earning 'millions on Fortnite' - The Age -BoardProspects

Telstra (ASX:TLS) Chairman John Mullen Defends Executive Pay, Sprays Kids Earning 'millions on Fortnite'

The Age Oct 14 2019 BoardNews

Telstra chairman John Mullen has delivered a remarkable spray at critics of chief executive Andy Penn's $5 million-a-year pay packet, arguing kids playing popular video game Fortnite, social media influencers and professional athletes are paid similar sums of money...
Read Full Article

Bookmark or Share this article

Login to comment.
Related Articles
- Board battle at MLC renews tensions also published in The Age
- Have the Swiss Gone Cuckoo? also categorized in BoardNews
- Germany's Corporate Governance Problem also categorized in BoardNews
- Don't sack me, sack them: principal also published in The Age
- Six Years Later, The Problem at HP is Still the Board also categorized in BoardNews
- White Energy board backs chairman also published in The Age
- Corporate Boards: Shifting From Aging Men To New Generation Of Women? also categorized in BoardNews
- How Boards Prepare for an Unpredictable Crisis also mentions crisis
- Getting Gen-Y on Boards (of Directors) also categorized in BoardNews
- Taiwan Court Orders Reinstatement Of Two CPDC Board Candidates As Contested Vote Nears also categorized in BoardNews

Search:
Categories
1. BoardProspects Features:
  BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
Quotes
1. If you devote your life to succeeding in many other disciplines, like sports, when you get to the top no one seems to begrudge you the earnings that go with that.
2. We argue that cash bonuses can be a means to camouflage high levels of executive pay.
Topics Mentioned
- Board of Directors
- Risk
- AMP
- executive compensation
- social media
- Glass Lewis
- Telstra
- Popular
- crisis
- earnings
- Bonuses
Authors
- Yan Zhuang, Jennifer Duke